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ECO 391 Exam 1 – UKY questions with 100% correct answers -14.docx, Exams of Nursing

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ECO 391 Exam 1 – UKY questions with 100% correct answers -, Exams of Nursing

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ECO 391 Exam 1 – UKY questions with 100% correct answers -14.docx,
Exams of Nursing




The mean of the data set is the - ANSWERAverage of all the data values



The sample mean symbol is - ANSWER



The population mean symbol is - ANSWER



The sample mean is the point estimator of - ANSWERThe population mean



The sample mean equation is - ANSWER



The population mean equation is - ANSWER



The median is the value - ANSWERIn the middle when the data items are
arranged in ascending order



Whenever a data set has extreme values, the ____________ is the preferred
measure of central location - ANSWERThe median

,The mode is the - ANSWERMeasure of central location in a data set



The greatest frequency can occur at - ANSWERTwo or more different values



A data can have ____ mode, _____ mode, or ______ modes - ANSWER- No

- One (unimodal)

- Many (multimodal)



The weighted mean is relevant when - ANSWERSome observations contribute
more than others



The weighted mean for the sample is computed as - ANSWER



The range of a data set is the difference between the _________ and
_________ data values - ANSWER- Largest

- Smallest

-L-S



The variance is the _________ of the squared differences between each data
value and the _______ - ANSWER- Average

- Mean



The variance for a sample is computed - ANSWER

, The variance for a population is computed - ANSWER



The standard deviation of a data set is the positive _______________ of the
variance - ANSWERSquare root



The standard deviation for a sample is computed by - ANSWERs = √s^2



The variance cannot - ANSWERBe negative



The coefficient of variation indicates how large _________________ is in
relation to the mean - ANSWERStandard deviation



The coefficient of variation for a sample is computed as - ANSWER



The coefficient of variation for a population is computed as - ANSWER



The covariance describes ___________ of the linear relationship between
two variables, X and YH - ANSWERDirection



The correlation coefficient describes both _____________ and ___________
of the relationship between two variables, X and Y - ANSWER- Direction

- Strength



The covariance for a population is computed as - ANSWER



The covariance for a sample is computed as - ANSWER

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